Hutch, might this thread's focus "Price of Gold" represent your view that gold is traded as a commodity like lumber, grain, hogs, and other metals precious and not. Whereby market conditions, methods, tools and speculation and even the kitchen sink stuff is used in everyday analysis to predict the selling and buying so that money and a product change hands ?
Also, might another approach be taken that rather than do the above so that money can be made in the exchange of gold between people, that some focus on the price of gold seperately or in parallel with the above to make money, to better understand the why and how gold has caused such discussions that seem to place market conditions as not what is really happening, but just the after effect of something else ?
Very correct for you to only focus on supply & demand type activity and nothing else if your agenda is the lets trade this commodity.
But others can also, independent of that aspect, focus on the price of gold as being an ongoing conflict "Battle between good and evil."
In this way the supply and demand numbers were determined not by markets conditions, but thru conflicting goals set by conflicting agendas of good verse evil.
For example, those already mentioned:
gold & inflation gold & nation paper money value
So, each approach can be done independently, but in my opinion, there is a connection, as in it may trade as if the supply is greater than demand, and one can make money trading it that way, while supply really is not what it appears to be, and controlled by evil only to look and act that way.
doug |